TBJL vs. VOO
Compare and contrast key facts about Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) and Vanguard S&P 500 ETF (VOO).
TBJL and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TBJL is an actively managed fund by Innovator. It was launched on Aug 18, 2020. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBJL or VOO.
Correlation
The correlation between TBJL and VOO is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TBJL vs. VOO - Performance Comparison
Key characteristics
TBJL:
0.24
VOO:
1.76
TBJL:
0.39
VOO:
2.37
TBJL:
1.05
VOO:
1.32
TBJL:
0.09
VOO:
2.66
TBJL:
0.47
VOO:
11.10
TBJL:
4.63%
VOO:
2.02%
TBJL:
9.27%
VOO:
12.79%
TBJL:
-29.22%
VOO:
-33.99%
TBJL:
-20.14%
VOO:
-2.11%
Returns By Period
In the year-to-date period, TBJL achieves a 2.10% return, which is significantly lower than VOO's 2.40% return.
TBJL
2.10%
1.78%
-4.63%
2.51%
N/A
N/A
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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TBJL vs. VOO - Expense Ratio Comparison
TBJL has a 0.79% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
TBJL vs. VOO — Risk-Adjusted Performance Rank
TBJL
VOO
TBJL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TBJL vs. VOO - Dividend Comparison
TBJL has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBJL Innovator 20+ Year Treasury Bond 9 Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
TBJL vs. VOO - Drawdown Comparison
The maximum TBJL drawdown since its inception was -29.22%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TBJL and VOO. For additional features, visit the drawdowns tool.
Volatility
TBJL vs. VOO - Volatility Comparison
The current volatility for Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) is 2.43%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that TBJL experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.